NOT LISTED FOR SALE

620 E 5th St Royal Oak, MI 48067

Estimated Value: $612,380 - $675,000

3 Beds
2.5 Baths
2,064 Sq Ft
$308/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $585,000 $283 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,108/month

18 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 2 Car Detached Garage
  • Keller Elementary Rated A-
  • Covered Patio or Porch
  • 1-minute walk to Grant Park

About This Home

As of December 2023

Welcome to the ultimate urban retreat! This newly rebuilt Downtown Royal Oak home features a true open concept, inviting you to a seamless flow between living spaces; enjoy the convenience of a first-floor laundry and revel in the large primary suite, complete with a huge walk-in closet that's perfect for your modern lifestyle. With ample room to entertain, relax, and unwind, this contemporary haven combines city living with spacious comfort just moments away from the best dining, entertainment, and cultural hotspots the area has to offer. Immediate occupancy in time for the Holiday season.

Last Agent to Sell the Property

Alexander Chapman

@properties Christie's Int'l R.E. Birmingham License #6501373207 Listed on: 11/30/2023

@properties Christie's Int'l R.E. Birmingham

Last Buyer's Agent

Dawn Hendrix

Coldwell Banker Professionals License #RCO-6501382216

Coldwell Banker Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950 | Remodeled in 2013

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 42x153

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,064 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Knowles & Lawson Plat No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2522176017

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,066

Year Built

Built in 1950 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1950
  • State Equalized Value: 223010.0000
  • Year Renovated: 2013
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2064

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 42x153
  • Parcel Number: 2522176017

Tax Info

  • Tax Amount Summer: 5531.0000
  • Tax Amount Winter: 1535.0000
  • Total Tax: 7066.0000
  • Taxable Value: 184440.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Dec 22, 2023
Sold by
Conti Alexander J
Bought by
Free Patrick and Free Nancy
Seller's Agent
Alexander Chapman
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Dawn Hendrix
Coldwell Banker Professionals
List Price
$599,900
Sold Price
$585,000
Premium/Discount to List
-$14,900
-2.48%
Views
125
Current Estimated Value
$635,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,595
Avg. Annual Appreciation
4.15%

Purchase Details

Closed on
Dec 28, 2011
Sold by
Farhat Llc John J and Farhat John F
Bought by
Conti Alexander J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2011
Sold by
Millar Patricia M
Bought by
The Bank Of New York Mellon and The Bank Of New York
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Free Patrick $585,000 None Listed On Document
Free Patrick $585,000 None Listed On Document
Conti Alexander J $330,000 None Available
The Bank Of New York Mellon $226,614 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conti Alexander J $297,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $585,000 -2.5% $283 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $599,900 -- $291 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,459 $260,790 $0 $0
2024 $7,248 $239,820 $0 $0
2022 $6,725 $216,720 $0 $0
2020 $5,531 $195,530 $0 $0
2018 $6,725 $179,840 $0 $0
2017 $6,463 $179,840 $0 $0
2015 -- $165,570 $0 $0
2014 -- $157,490 $0 $0
2011 -- $62,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230097033

Realcomp

APN: 25-22-176-017